KARACHI: Foreign Direct Investment (FDI) increased by $1 million to $710m in the first nine months (July-March) of 2014-15 as compared to $709m in the same period last year, the State Bank of Pakistan reported on Thursday.

The portfolio investment also increased to $100m during the period under review as compared to $35m in the same period last year.

Billions of dollars MoUs have been signed with different countries to attract foreign investment, but serious energy crisis and terrorism remained major hurdles. In 2013-14, the total FDI was at $1.667bn and $1.456bn in 2012-13.

Published in Dawn, April 17th, 2015

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